Tuesday, May 17, 2022

4 Trending Stocks to Watch Today

U.S. stocks rallied in yesterday’s session as cautiously optimistic traders look forward to a new stimulus deal and a potential vaccine in the Fall. The NASDAQ led the way with a 2.1% gain while the S&P 500 took second with a 1.4% advance. The Dow was the day’s laggard with a 1.1% gain.


Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '22.
Small-cap Uranium stocks are booming in 2022! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here. .

Sponsored


Futures are currently edging lower in early morning trading. The weekly jobless claims report is schedule for an 8:30 a.m. release today, and it could affect stocks before the open. A bullish report could potentially swing the market to gains.


A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .

Sponsored


Asian stocks were mostly down overnight with the exception of Japan’s Nikkei225, which posted a 1.8% gain. European stocks are also mostly in the red with the Eurozone Stoxx 600 down 0.3%.

This morning’s featured earnings slate includes Tapestry (TPR). Later, we’ll hear from Applied Materials (AMAT), Purple (PRPL), and Baidu (BIDU).

These stocks are trading actively today.

Yandex NV (YNDX)

Shares of the Russian search giant are on the rise this morning ahead of the company’s planned inclusion into the country’s MSCI Index. Yandex performed well through COVID-19 despite a decline advertising revenues thanks to a surge in other areas of its business, like eCommerce and food delivery. The stock is at all-time highs and, with Russian officially registering a vaccine earlier this week, it looks like the market is bullish on Yandex.

YNDX is one of the most active NASDAQ stocks this morning and its currently up 5.3% in the extended hours trading session.

Sciencjoy Holdings (SJ)

Sciencjoy announced a major acquisition this morning and the market is responding. The China-based firm says it will acquire a 100% equity interest in BeeLive through a cash-and-stock transaction worth rough US$43.2 million. BeeLive is a streaming platform in China which recently launched an Arabic-language product in the Middle East and a Thai-language product in Southeast Asia. Sciencejoy believes the acquisition will help it expand its global footprint.

SJ is up 125.2% in the extended hours trading session.

Sonim Technologies (SONM)

Sonim Technologies reported strong Q2 earnings yesterday evening and shares are rallying through the extended trading session. The company topped Wall Street estimates for both earnings and revenues, along with 66% sequential revenue growth in the second quarter. Sonim’s total revenues topped estimates by more than 55%.

Sonim is up 11.5% in the pre-market on active trading volume.

NTN Buzztime (NTN)

NTN Buzztime has entered into a definitive merger agreement with Brooklyn ImmunoTherapeutics LLC, a privately-held biopharma company specializing in cytokine-based cancer treatments. The all-stock transaction is pending shareholder approval but, if passed, the combined company would begin trading under the name Brooklyn ImmunoTherapeutics after the deal is finalized. The companies say they hope to close on the deal in the fourth quarter.

Brooklyn will absord NTN and become a public company. NTN is up 90.1% on news of the merger.

Latest news

A Few Bright Spots in Tesla Inc. (TSLA)

Tesla's (TSLA) Shanghai facility ceased operations on Monday owing to material shortages, according to Reuters. Furthermore, demand for Tesla electric vehicles decreased drastically in...

A Closer Look at DocuSign Inc.’s (DOCU) Growth Curve

DocuSign Inc. (NASDAQ: DOCU), a software firm that creates an electronic signature and verification solutions, is presently trading more than 70% below its 52-week...

One Of The Good Ones: Enphase Energy Inc. (ENPH)

Enphase Energy, Inc. (NASDAQ: ENPH), a maker of inverters, released its first-quarter 2022 results. Enphase set a new sales record and outperformed Wall Street...

Riding the Trend or Protecting Profits | AT&T Inc. (T)

AT&T Inc. (NYSE: T), a telecommunications service provider, released its first-quarter earnings last week. The firm claimed a record number of new communication subscribers,...

Related news

A Few Bright Spots in Tesla Inc. (TSLA)

Tesla's (TSLA) Shanghai facility ceased operations on Monday owing to material shortages, according to Reuters. Furthermore, demand for Tesla electric vehicles decreased drastically in...

A Closer Look at DocuSign Inc.’s (DOCU) Growth Curve

DocuSign Inc. (NASDAQ: DOCU), a software firm that creates an electronic signature and verification solutions, is presently trading more than 70% below its 52-week...

One Of The Good Ones: Enphase Energy Inc. (ENPH)

Enphase Energy, Inc. (NASDAQ: ENPH), a maker of inverters, released its first-quarter 2022 results. Enphase set a new sales record and outperformed Wall Street...

Riding the Trend or Protecting Profits | AT&T Inc. (T)

AT&T Inc. (NYSE: T), a telecommunications service provider, released its first-quarter earnings last week. The firm claimed a record number of new communication subscribers,...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

1745

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam